Core Viewpoint - New City Development (01030) reported a significant decline in contract sales and rental income for July 2025 and the first seven months of the year, indicating challenges in the real estate market [1] Group 1: Contract Sales - In July 2025, the company achieved a contract sales amount of approximately RMB 1.661 billion, representing a year-on-year decrease of 52.37% [1] - From January to July 2025, the cumulative contract sales amount was approximately RMB 11.990 billion, down 55.66% year-on-year [1] - The total contract sales area for July 2025 was about 214,000 square meters, while the cumulative sales area from January to July 2025 was approximately 1.549 million square meters [1] Group 2: Rental Income - As of July 2025, the company had a total of 176 rental properties with a total construction area of approximately 16.225 million square meters [1] - The rental income for July 2025 was approximately RMB 1.115 billion, while the commercial operating income for the same month was about RMB 1.200 billion (including tax) [1] - For the first seven months of 2025, the cumulative rental income was approximately RMB 7.594 billion, and the cumulative commercial operating income was around RMB 8.144 billion (including tax) [1]
新城发展(01030):前7个月累计合同销售金额约119.90亿元 同比减少55.66%